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MSc Actuarial Science and Management

MSc Actuarial Science and Management

Different course options

Full time | Edinburgh Campus | 24 months | SEP

Study mode

Full time

Duration

24 months

Start date

SEP

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Actuarial Science

Course type

Taught

Course Summary

This exciting 2-year MSc programme is designed to kick-start your career as an actuary, preparing you to take a leading role in managing risk in financial institutions worldwide. Students who successfully meet the progression requirements will then go on to undertake a summer project after Stage 2.

Taking our MSc in Actuarial Science and Management is a great way to speed your progress to this most prestigious of careers - it's designed to take you almost all of the way to qualification. A student who graduates with a full set of exemptions from Heriot-Watt will only have to pass three more examinations, and gain the necessary work experience, to qualify as a Fellow of the Institute and Faculty of Actuaries.

The School is currently in discussion with the Institute and Faculty of Actuaries to secure the equivalent accreditation and exemptions under the new Curriculum 2019 education strategy. Students will also achieve PGCert and PGDip awards in this course.

Modules

This module aims to provide postgraduate students with a good knowledge of survival models, life tables and first and second moments of the present values of payment streams contingent on survival or death. This knowledge is then applied to the calculation of premiums and reserves for life insurance contracts.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

£17,752

Average for all Postgrad courses (per year)

£5,202

International fees
Course fees for non-UK/ international students

For this course (per year)

£17,752

Average for all Postgrad courses (per year)

£12,227

Entry requirements

The programme is primarily intended for graduates with a strong mathematical background. Our normal minimum entry requirement is the equivalent of a UK 2.1 degree in mathematics, statistics or a related discipline with a high mathematics or statistics content. We are also looking for students who are keen to join the actuarial profession, have a willingness to work hard and a drive to succeed.